Posts Tagged ‘shipyard’

Connecticut company buys share of Coast shipyard

GULFPORT — A private equity firm is taking an ownership stake in a Mississippi shipyard group. Littlejohn & Co. of Greenwich, Conn., has bought part of Gulf Coast Shipyard Group, which owns the Trinity Yachts and TY Offshore shipyards in Gulfport and New Orleans. The dollar amount and ownership share were not disclosed. John Dane […] [...]

Shipbuilder gets massive floating dock as part of expansion

PASCAGOULA — A 12,000-metric-ton floating dry dock has arrived at VT Halter Marine’s south yard in Pascagoula. Bill Skinner, CEO of VT Halter Marine, says in a news release that the dry dock is part of an overall expansion at the south yard. VT Halter Marine is adding a repair facility for semi-submersible drilling rigs […] [...]

Shipbuilder wins contract to build sixth Coast Guard cutter

PASCAGOULA — The U.S. Coast Guard has awarded a $487-million, fixed-price-incentive-fee contract to Huntington Ingalls Industries’ Ingalls Shipbuilding division to build the sixth national security cutter, Munro (WMSL 755). “Our Coast Guard customer continues to be extremely pleased with the performance of the NSC, and this contract proves that,” said Jim French, Ingalls’ NSC program […] [...]

Huntington Ingalls CEO: Avondale on track to close in 2013

NEW ORLEANS — The head of Huntington Ingalls Industries Inc. says the company is still on track to close its Avondale shipyard in Louisiana in 2013. During a conference call today with investment analysts, company CEO Mike Petters indicated Huntington Ingalls is still open to find a joint venture partner to find a new use […] [...]

Ohio firm plans to buy Northrop Grumman shipyards

PASCAGOULA – A potential buyer of Northrop Grumman Ship Systems has written governors in three states saying it plans to quickly finalize contract negotiations to preserve an estimated $5 billion in work for the Navy and Coast Guard. The Mississippi Press reports Cleveland Shipbuilding Group, headquartered in Cleveland, Ohio, sent the letters to Govs. Haley […] [...]

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